Skip to main content

About your Search

20130115
20130115
STATION
CNNW 6
FBC 5
KTVU (FOX) 5
MSNBCW 5
CNBC 4
CSPAN 4
KNTV (NBC) 3
CSPAN2 2
KGO (ABC) 2
KQED (PBS) 2
LINKTV 2
KICU 1
KPIX (CBS) 1
KRCB (PBS) 1
( more )
LANGUAGE
English 48
Search Results 0 to 47 of about 48 (some duplicates have been removed)
ceiling deadline next month as one of the best ways early in the president's second term to force him to accept a new round of spending cuts and may have it on an incremental basis, one, two o three months and using that process to achieve more deficit reduction. >> former speaker of the house and republican presidential candidate newt gingrich. good morning mr. speaker. >> it's good to be with you. >> good to be with you. you say fighting over the debt ceiling is a bad idea for congressional republicans. why? >> because in the end it's a threat they can't sustain. no one is going to default. no one is going to allow the united states to not pay its bills. no one is going to accept the economic costs. it rallies the entire business community to the president's side and the fact is republicans have two much bet ear renas to fight over spending they have a continuing resolution which funds government which comes up at the end of march and they have the sequester, which automatically cuts spending unless it's dealt with. those two fronts they can fight and they have
of the public to entertain part of this now about same as take the debt ceiling of the table for the next four years of bitter debate entitlement reform package. what do you need to see for young colleagues on the democratic side to say a right to engage in the conversations that the other side is insisting on with entitlement. >> first of all, we have to take the debt ceiling off the table for a considerable time. secondly, regarding entitlement reform, let's take medicare. there have been two changes in terms of medicare and its future. number one is that the rate of health care growth has been diminished in the rate of medicare cost increase. but it's also been diminished. that's the first consequence of the first events of the last three years. secondly, we have health care reform, which i think has accelerated to two munition and help your cost increase. what i think we need to do in terms of medicare is for both parties in both houses and the white house to sit down and have a serious discussion about how we continue to get ahold of medicare and other health care costs. we really need to
the doomsday scenarios were bad under the fiscal cliff, just wait for what's coming next. >> the debt ceiling talks are under way. president obama warns the dire consequences if congress fails to raise our borrowing limits. in tonight's reality check, sam brock explains why most people should just take a deep breath. sam? >> raj, it would be therapeutic if nothing else. there is certainly little refuting the failure to raise the debt ceiling would send shock waves through the economy both national and global. that being said, president obama only fanned the flames today painting a picture of government catastrophe based on the facts seems a bit trumped up. >> ladies and gentlemen, the president of the united states. >> reporter: in the first press conference of his second term, president obama wasted little time scaring the day lights out of millions of americans who rely on government paychecks for one service or another, of the consequences of a u.s. default. >> may not be able to pay our troops or honor our contracts with small business owners. food inspectors, air traffic controllers, spe
the spending problem to go unresolved. the concern is that if congress fails to act on the debt ceiling, the national economy could dip and that could likely have and i affect on california's budget numbers. >> the risk to our forecast numbers could come next month and that's what the federal government chooses to do or not to do regarding the debt ceiling. >> the budget released by governor jerry brown showed a budget surplus for the first time in many years. >>> right now it is 4:44 let's check in with sal on an early morning report on traffic. >>> good morning everybody, it is chilly, let's take a look at traffic on 880 westbound as you head to the mcarthur maze. if you are driving there, it is cold but visibility is good if you could think of the silverling. for most of the area, the bay bridge toll plaza looks good. if you are driving in downtown san jose it looks nice. 4:45 let's go to steve. >>> another cold one out there, i tell you this is a long stretch, 1990, 1997 and we had some very cold weather. it is really only two days. cold frosty conditions, there is frost and freeze
'll have more on the debt ceiling in the next hour when we speak to senator rob portman. you guys, wilbur, you also said we have -- we are fully ready with inflation, we have all the tools we need to exit. >> well, i caution a little bit. historically the fed has always bought short-term paper and it's easy then to raise the interest rates. again you let the paper roll off, you sell it. now they've been buying long-term paper. rates start to go up, fed could get creamed in terms of their own balance sheet, because of the losses. if rates went to their ten-year average, the fed portfolio would be down 23%. they don't have 23% equity. >> and richard, i saw bill miller came back with a vengeance this year betting on housing, and financials. >> yes. >> and huge returns. i mean 40% i'm thinking. >> so did you -- you watched that happen in your business? >> yes, yes. and you know, we're seeing the housing business stabilizing, you know, part of that is we've got a little better job creation in the economy and we're kind of working on ways to work slowly and credit markets are a little better fo
.s. faces a new deadline of potentially defaulting on its debt next month unless the debt ceiling can be increased. republicans have maintained their stance that any borrowing hike must be offset by slashing government spending. add is what does this conference on monday, obama called the republican demand unacceptable. >> republicans in congress have two choices. they can act responsibly and pay america's bills, or they can act irresponsibly of america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the u.s. is not a bargaining chip. >> the death toll from the syrian government airstrike on a northern town has reached at least 20 people in addition to around 100 wounded. the victims were gathered in the public market when syrian warplanes bombed them from the sky sunday. the group doctors without borders says the attacks followed earlier bombings of local health facilities, making it nearly impossible to adequ
's not in the debt ceiling. whatever happens there in the next round of tax reform, cost cutting, all of these items that are going to be before us, once we get past this debt ceiling issue so my recommendation with investors is that at this point in time, it's premature to react to those comments, even though they may be troubling to all of us. let's see how it unfolds before you begin making any investment moves based on a potential tax hike. cheryl: well, yeah. talking about more tax revenue coming in, i'm sorry, but ears perk up. let's talk about the specific company that you like on your radar, and there's a couple reasons. first and foremost, they doubled the dividend on monday. the company doing well financially, at the same time, dividend payers like a ford, joe, could, again, fall out of investor payer. do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln an
ceiling extended to next year -- $2.5 trillion. they can't even -- congress has not been able to identify $1.2 trillion in cuts that they're happy with. because these same republicans say they don't want to cut defense, they've claimed that they don't want to gut medicare or harm the vulnerable. but the truth of the matter is that you can't meet their own criteria without drastically cutting medicare, or having an impact on medicaid, or affecting our defense spending. so the math just doesn't add up. now, here's what would work. what would work would be for us to say we've already done close to $2 trillion in deficit reduction, and if you add the interest that we won't be paying because of less spending and increased revenue, it adds up to about $2.5 trillion. the consensus is we need about $4 trillion to stabilize our debt and our deficit, which means we need about $1.5 trillion more. the package that i offered to speaker boehner before we -- before the new year would achieve that. we were actually fairly close in terms of arriving at that number. so if the goal is to make sure that we a
, and coming up. if house republicans really do something crazy with the debt ceiling, will they do that? ezra klein answers that question next. >>> and on the one-month anniversary of the sandy hook elementary school shootings, the nra has released a video. the same group that blamed the violent video games for the massacre in newtown. >>> and scott brown's political future, more observers saying he won't run for senate. and as i said, corey booker, who has announced his intention to run for senator in new jersey. the problem is he may have to run against fellow democrat and current senator franken lautenberg, as far as we can tell, they agree on just about everything. corey booker will answer steve kornacki's questions and will get tonight's last word. ♪ ♪ ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. . >>> so newark mayor cory booker has a problem, he wants to run for senate. the problem is there is currently an incumbent democratic senator in the seat he wants to r
, president obama raising eyebrows say we are not a deadbeat nation, but is he right? and as the debt ceiling comes closer, will the white house use the nuclear option? does he have the legal authority to do so? that's next. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ gerri: is another credit downgrade coming? fitch warning today they will downgrade the u.s. triple-a-rated give the debt ceiling is not raised. with more of possible economic fallout, moody's chief economist. all right. if they do this, what happens to the economy, the stock market? >> well, i would think that financial markets have had enough warning of a possible downgrade of the u.s. aaa credit rating by an agency other than s&p, and thus perhaps it would not have that damaging impact. the downgrade was not especially g. that being said there will be a negative psych
the debt ceiling will america will go into default and we might have to sell florida. say goodbye to nana and pop pop. >> chimpy up next. >> the morning news starts at 4:30 appreciate your time have a good night. a good night. >> good night "jimmy kimmel live"! tonight ellen degeneres. the bachelor sean lowe. and music from onerepublic. with cleto and the cletones. and now from this point on, here's jimmy kimmel! [ cheers and applause ] >> jimmy: welcome. hi, i'm jimmy. i'm the host. thanks for watching. thank you for -- raising the arctic 50 degree weather to be here tonight in hollywood. very kind. i do appreciate
. coming gap, president of bond -- obama demanding part congress dr jobs and raise the debt ceiling. slip in the showers. lawsuits by prison inmates causing taxpayers more than $100 million. i'll break it down next. ♪ gerri: taxpayers on the hook for more than $100 million thanks to lawsuits from prison gerri: here at "the willis report" we bring you the stories of government abuse of our taxpayer dollars every day. today we have a doozy. they say crime pays and, boy, does it. inmates held at rikers island here in new york been suing the city for injuries they say they received in jail. now, some say they slipped on suppleness shower while others say the beds were too short and injured them. i kid you not. one fellow has been locked up in rikers since 2009 for apparently firing on to new york police department cops. he says a stop up rain in the shower cost of defaults. he says the city is at fault for not putting down rubber mats or those big orange hazard comes. people familiar with the sec in order prisoners share names of lawyers, even putting attorney contact information year jail
tough ahead of the next big fight with congress over the debt ceiling. >>> the president said vice president biden has presented him with a list of common sense steps to prevent gun violence. but the biggest question is how much of it the administration can actually get passed through the congress. >>> and watching last night's golden globes, one thing was clear to me, america once again feels good about itself. we've got a new sense of optimism, and the movies show it. >>> the latest attack on science by a republican member of the house science committee. what a strange name for that crowd. that's in the "sideshow" tonight. and this is "hardball," the place for politics. zzzquil™ sleep-aid. it's not for colds. it's not for pain. it's just for sleep. because sleep is a beautiful thing™. ♪ zzzquil™. the non-habit forming sleep-aid from the makers of nyquil®. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great id
, president obama is digging in his heels on the next battle, raising the debt ceiling. in a news conference, he said he would not trade cuts in government spending which republicans want in exchange for raising the borrowing limit. trimg the deficit should be separate from the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is a america will pay its bills. we are not a deadbeat nation. >> john boehner said the american people do not support raising the debt ceiling without reducing government spending at the same time. >> listen to this. a medical scare in a buffalo, new york veteran's hospital. many may have been exposed to hiv. the pens are designed to be used by one person, but many of them were used on multiple people. >> surfers, beware. you have to look at this video. it's shocking. >> standing on the shore? >> he has his toes in the water. two sharks were spotted dangerously close to shore in honolulu. this was off of oahu. they are like ten feet offshore. >> i will call him a dingaling if he is in the water. >> he's a hero. >> there is floo
services if we do not raise the debt ceiling. we will look at that reality check at 6:00, good night. >>> on our broadcast tonight, how late is too late to get a flu shot, especially as this flu now takes its toll across the country? tonight, a status report and the doctors' advice. >>> the apology from lance armstrong. he says he's sorry. he has apologized to the charity he formed. but what exactly is he admitting after a decade of denials. joining forces in the fight over guns one month to the day now since the tragedy in newtown. parents of the victims come together to deliver a powerful message. >>> and fighting back against the food police. a big name enters the fray over sugary drinks and the obesity crisis in this country. >>> and the big talk today about last night in hollywood. "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >>> good evening. a lot of folks spent this
will not negotiate on the debt ceiling, even accusing republicans of an unfortunate metaphor, holding a gun at the head of the american people, as he ut it. meanwhile, treasury secretary tim of the airline's the united states to default on payment as soon as mid february. for more of the president's is covered son joined by former reagan political director ed rollins, former pleasant to have clinton political adviser. let's start with the president's news conference today. the president seemed, well, you characterize it. he seemed to fill in the blank " >> i would say congeal. meaning that he tried to portray himself as reasonable and said that there was now negotiating and the debt ceiling, lesley because he is in a strong position politically in that the most would agree that the republicans are showing no signs of real life. lou: do you agree? >> i think the republicans rolled over and play dead. at this point in time they will draw a line in the sand. no believe they should shut government down, but i think this is a position where they need to make their se known. the president said ov
.5 trillion dollars in cuts just to get the debt ceiling extended to next year. 2.5 trillion. congress has not been able to identify 1.2 trillion and cuts their happy with. because the same republicans say they do not want to cut the fence. and they have claimed they do not want to gut medicare or harmed the vulnerable, but the truth of the matter is you cannot meet their own criteria without drastically cutting medicare or having an impact on medicaid or affecting the defense spending. the ma justth is not add up. here is what would work. -- the math test is not at about it adds up to. 0.5 trillion dollars. the consensus is we need 4 trillion dollars to stabilize the debt, deficit. that means we need 1.5 trillion dollars more. the package i authorized to the speaker before the new year would achieve that. we were actually fairly close in terms of arriving at that number. so if the goal is to make sure we're being responsible about the debt and the deficit, it that if the conversation we're having, i am happy to have that conversation. by closing additional loopholes through tax reform, wh
with the debt ceiling. >> we didn't get to it before then. melissa: great discussion. next on "money", a stunning number of americans are using their 401(k)s to pay for every day expenses. a top financial planner said you couldn't make a worse decision. he is here to explain. we also asked for some other options if you're in this situation. >>> plus, demand for gas is falling to lows not seen in nearly a decade. many are giving credit to stiff fuel efficiency mandates. i'm not sure i'm buying that. that is coming up though. do you ever have too much money? ♪ . suddenly, she does something unexpected and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your
debt ceiling, which will come into play. so we will be seeing a lot of activity in the next few months, debates about people criticize the government, about the size of the deficit, and it a lot of back and forth over these three issues. without going into all the different ramifications, i want to say one word about the debt ceiling, which is not everybody understands what the debt ceiling is about. the debt ceiling -- raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it does not create new deficits. it does not create new spending. so not raising the debt ceiling is sort of like a family which is trying to improve its credit ratings and i know how we can save money, we will not pay our credit card bills. not the most effective way to improve your credit rating. it was a very slow solution to the debt ceiling in august of 2011 that got the u.s. downgraded last time. so it's very important. all these issues are important, but it's very, very important that congress take necessary action to raise the debt ceiling
. he announced if congress doesn't work with him and raise the debt ceiling will america will go into default and we might have to sell florida. say goodbye to nana and pop pop. >> chimpy up next. >> the morning news starts at 4:30 appreciate your time have a good night. a good night. >> good night
to take it but congress needs to send him a debt ceiling increase. remember the debt sealing acording to the treasury department is due to run out to laps and we would approach a default position sometime in the middle of february, just next month. there is not a lot of time. now republicans have said and i asked the president about this you know, historically the debt ceiling because it oftentimes difficult to get votes in congress to pass a debt ceiling, has often been accompanied by fiscal or deficit reduction measures. back in the '80s, the '90s and even in president's presidency himself he has signed four laws raising debt ceiling. three were tied to some sort of fiscal management, legislation itself. but the president now says i'm tired of negotiating all those things, raised the debt ceiling and then i will get on with other conversations with you about dealing with the sequester, the across-the-board spending cuts and other budget related issues. but not until you take care of the debt ceiling and get that off the table that was the president's principal message today and he g
sovereign ratings for fitch, david riley, will join us in the next hour. bernanke weighing in on the debt ceiling in michigan late yesterday. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family which is trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effective way to improve your credit rating. >> the metaphors, jim, whether it's a family not paying the credit card bills, the president saying it's like dining and dashing at a restaurant, the only thing is we've got two weeks of respite and then we're off to the races again. >> after the civil war, there was tremendous partisanship in this country. a tumultuous time. the level of bipartisanship. there's such hatred that you can't get in a room. it never seems like obama gets in the room. biden got in the room beforehand. but look, everybody hates each other down there. it'
this whole debt ceiling out was his strategy--i don't think you'll hear john boehner say he got 99% of what he wanted. >> cenk: the ending of the negotiations. but whether they're going to negotiate or not i think the president will say i'm not going to negotiate over the debt ceiling, but the sequester is happening at the same time and i'm negotiating over the sequester. >> that might be part of the negotiation. the president was careful today in this press conference as you just showed to say we're talking about in. this is about doing the debt ceiling about paying the debt. it has nothing to do with the sequester. he didn't talk about them together. he talked about them separately. in fact, that's where the negotiating will happen. he said to congress we'll have to figure out a way not to increase deficit. it will have to come with spending cuts. >> cenk: more austerity, i wouldn't do any more of it. but he also talked about guns. >> he was asked about guns. i think what we'll hear him talk about hear here now but 836 people now since the newtown tragedy has died. that's almost as if we
themselves. host: next we will hear from a democratic caller, dan. if the debt ceiling negotiable? caller: it should not be. but if the republicans want to force negotiations, the president ought to prioritize by not sending any money to the republican-controlled states in the south. if he has the priorities. my suggestion for future show might be to get a list of all the donor states and all the receivers states. these people calling from the red states that gets $1.70 for every dollar they get and always screaming about cuts, if you should ask them if they are willing to deduct 5% from what they send to the federal government and live on that. thank you. host: chris in chicago, republican, your thoughts? caller: i don't think the debt ceiling should be negotiable, simply because the president won the election, congress also won reelection. it should not be. it's under a false premise. if the debt ceiling is not raised, that we would go into default. that's not true unless tim geithner air this id will actually follow the law and pay the service on the debt and collect more money in taxe
very much. tic took on the debt ceiling dead line. a month left before the u.s. breeches the borrowing limit as you heard from steve. no agreement to raise it in sight. former senator alan simpson is here with me next. he's the cow author of controversial simpson/bowles deficit reduction plan. find out what he has to say now as we're edging closer and closer to that debt ceiling. >>> later, no way to get to work equals no job. a new study shows 3.5 million jobs will be lost if we don't start rebuilding america's infrastructure, today. we'll debate the high-stakes issue affecting all of us in the back half of the program. don't miss it. back in a moment. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. omnipotent of opportunity. you know how to mix business... with business. and you...rent from
or not to do. >> reporter: if washington fails to act on the debt ceiling the national economy could -- [no audio] >> reporter: because of the potential risks to our state budget that is one reason they say they want to create that $1 billion reserve and where the budget stands, that will be better known in may when we will know if the surplus has grown. ken pritchett, ktvu channel 2 news. >>> 49er fans are looking forward to a huge game this weekend. if they win they will go to their 6th super bowl. saturday night the 9ers destroyed the packers and a lot of fans are confident they will do well against the falcons. the championship game is sunday in the georgia dome and fans are optimistic even though the last time the 49ers won a road plaintiff game was 24 years ago. >> it is exciting wherever they win. there, here, no matter what it is still great. >> 49ers gear is selling fast. we checked with sf sports in san francisco, they say they are completely sold out of colin kaepernick jerseys. ktvu channel 2 news will have coverage of the championship game on sunday at 9:30 a.m. with championsh
regarding the debt ceiling. >> reporter: he said if washington fails to act on the debt creel, the national economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if it has dropped. >>> it doesn't look like survivors who filed lawsuits against pg & e are for the deadly san bruno explosion will go to trial. during a hearing in san mateo county superior court today, attorneys said they have come up with a process that should take about 90 days to settle the remaining legal claims. about 320 residents filed suit, and so far mediation efforts have netted settlements for some 120 plaintiff. >>> family members and politicians are calling for more resources to prevent military suicide as the number of suicides last year surged. numbers obtained from the pentagon show there were 349 suicides by service men and women in 2012. that's almost one a
. the biggest risk to our forecast or the analysts forecastcom could come as early as next months, and that's from washington d.c. and what the federal government chooses to do or not to do regarding the debt ceiling. >> reporter: he said if washington fails to act on the debt creel, the national economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if it has dropped. >>> it doesn't look like survivors who filed lawsuits against pg & e are for the deadly san bruno explosion will go to trial. during a hearing in san mateo county superior court today, attorneys said they have come up with a process that should take about 90 days to settle the remaining legal claims. about 320 residents filed suit, and so far mediation efforts have netted settlements for some 120 plaintiff. >>> family members and politicians are calling for more resources
of the united states government in gutter if we don't raise the debt ceiling. he can, under lot of legal con industry tutionm lawyers who believe that there is a way for him to do this without -- >> dana: imagine if president bush tried that? >> bob: stop comparing what would happen -- >> dana: why? why? >> bob: in this case he can do it and he should. for the republicans to pay chicken with something important as fair, faith and credit is dangerous -- >> andrea: so why won't democrats talk about spending? they won a huge battle. now they say talk spending cuts. they don't want to. >> bob: they will talk spending cuts and they have to deal with entitlement. >> kimberly: do you agree at the least they're reluctant to do so? >> bob: at the very least? >> kimberly: they don't want to hear the word. at all. >> bob: they are scared about doing it but they have to do it believe me it has to happen. >> kimberly: would you agree there is absence of leadership in that regard? >> bob: >> dana: eric, final point? >> eric: i know it's important we talk about it, i guess. the 14th amendment to the consti
are willing to put your economy at risk. i am worried that these battles over the debt ceiling, these ridiculous sequester cuts that are coming up next, and the refusal to agree to a budget could derail an economic renaissance here in the united states. but investors don't seem all that worried at least for now. while some of you asked me whether you should wait until the debt and budget stuff is worked out to get back into the stock market, investors have put $19.8 billion back into u.s. stocks and stock holding funds since january 1st. markets are doing well too. the s&p 500 which may look like your 401(k) or i.r.a. investments is already up about 3% for the year. and hit a five-year high last week. now, in a low interest environment, like the one we're in now, you're not going to make money without being in stocks. be careful. a recent cnn money survey of money managers and investment strategists predicted that the s&p would only go up about 4.5% this year, that's after gaining 13% in 2012. but they're afraid of washington's unending partisan warfare getting in the way of ec
in this block. and the next one, i believe, is on the debt ceiling with the government on pace to run out of money by mid february. president obama warned republican leaders raising the borrowing limit was nonnorthbound deg officialable and struck back at members of congress who aimed to use the issue as leverage to extract deep spending cuts. >> while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills that they railroad lacked up. even entertain the idea of this happening. of the united states of america not paying its bills is irresponsible. it is absurd. republicans in congress have two choice hears. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. they will not collect or ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit united states of america is not a bargaining c
illustrate why we are going to have the big fights over the next couple of months to raise the debt ceiling and two-thirds of the republican caucuses voted for this. they want to send a message that they really, really needed it, that they want to cut spending for every doll they put out there, even on disaster relief, which historically has not been required to have an offset. >> and definitely has ruffled feathers in the last congress. all of our viewers i'm sure will rememb how new jersey governor chris christie didn't hold back in showing how angry he was at congress, the house, and specifically speaker boehner when the vote was delayed last time. listen to him. this is on january 2nd. >> new jersey deserves better than the due police tea we saw displayed last night. america deserves better than just another example of a government that has forgotten who is the to serve and why. 66 days and counting. shame on you. shame on congress. >> when you listen to that and when you listen to the house floor and sound bites before , s what you're saying why speaker boehner did what he did in the v
for the united states. bruno, thanks for that. i suppose if they don't agree on the debt ceiling, they'll get a big kick in of austerity. >> yes. good morning. well, i think that's for sure. it might draw the attention a bit away from europe, however, because it's becoming clear to the investors that u.s. might have a big political problem and, of course, a huge debt problem that they need to solve, as well. so far, they have taken a strategy of growing themselves out of it, which has not really worked, but now i think they will need to save a bit, increase taxes, but now it's clearly showing that their budget can be taken under control, as well. because if not, i think the market is going to punish them, either with a credit downgrade or with higher yields. and that seems to be the trend for 2013. that's higher yields are almost a given. >> sorry. people are going to stop buying u.s. treasuries. what had are they going the buy instead? >> well, i would like an acronym on that one. it's call tiana. there is an alternative and the alternative would be equity. what we've seen is there's a rotat
, but essentially the debt ceiling, is it the kind of tool that anybody should be used in order to force people to be more austere in the way they spend in the future? >> well, it's a way to do it, but it's a very dangerous way to do it because we start playing with everybody in our economy eye lives. so if we hit the debt ceiling and we don't have a bill that changes it, when we hit somewhere around $16.4 trillion worth of gdebt, the government will have to stop spending because of the debt limit. because we take it a whole lot -- we spend a whole lot more money than we take in, the debt ceiling become as real issue pd at government has to stop spending about $100 billion a month. that means the government will have to lay off people and that will mean more unemployment and more pain for people. it also means the government won't be able to pay all 6 it bills and it may stop sending money to the businesses in the united states. some of whom could go bankruptcy because of it. >> critics have said you can list out all of the things that won't get paid respect but in the end it has a massive ripp
if congress does not raise the debt ceiling. president barack obama said congress needs to pay its bills but republicans want any bills paid to be tied to spending cuts. >> they have two choices, they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. >>> and the gop is prepared for a fight saying quote, the consequences of failing to increase the debt ceiling are real, but so too are allowing our spending problem to go unresolved. >>> convenience stores will be busy today. people want to hit the new jackpot drawing, an estimated $62 million. on friday, somebody in orange veil matched all five mumps minus the mug did he -- five numbers minute news the meganumber giving them a $250,000 pay day. >>> it is almost every wear and as a -- everywhere and as a matter of fact looking at highway 4 traffic is slowing down from bay point to concord. traffic is mostly slow and the only good news is we have not had any major crashes but we have had our share of slow traffic on this stretch. traffic is backed up for a 15 to 20 minu
-term impact of a default would be extraordinary. maybe we shouldn't call this the debt ceiling at all. maybe we should change it the do downgrade ceiling because this game of chicken is sick. >> sometimes semantics can make all the difference. >> "outfront" next, a legendary hacker and activist commits suicide and his parents blame the government. >> and the lance armstrong apology tour has officially begun, but is he really coming clean. what he said and did not say today. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. officeyour business needs...k... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. overmany discounts to thine customers! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jam
the wave by two months as part of the fiscal cliff arrangement, and we had the infamous debt ceiling, which will come and play. so we will be seeing a lot of activity in the next few months, debates about the appropriate types of governments and the size of the deficit and a lot of back-and-forth over these issues. without going into all the different ramifications, i would like to say one word about the debt ceiling, which is not
the debt ceiling. some states have decided that they know what is coming so they will take matters into their own hands. bill: we'll take you to one of those states next. new warnings of a massive solar storm and how that might affect the thing you hold in your hand right now, that might be your cellphone, your blackberry, or our iphone, or much more. look out. bill: hope for over hauling the federal tax system in washington may be slowly fading. there are lawmakers in several republican states taking matters into their own hand, including one in north carolina. where republicans are considering doing away with individual and corporate income taxes, the plan would replace lost revenue with a new business license fee and a higher sales tax on goods and services such as accounting, spa services and food. with me now is the guys leading the charge in north carolina, eye he's a state senator. bob ru kr-rbchio. what do you think it will do for the effect condition of north carolina? north carolina's economy is based on a 1930 manufacturing base. unfortunately after we've studied this fo
watching this debate in washington. the concern is that if congress doesn't act on the debt ceiling, the national economy could dip and that would likely have a negative effect on california's budget numbers. push >> the biggest risk to our forecast or the analysts' forecasts could come next month and that's from washington, d.c. >> the 2013 budget release by governor brown showed a surplus for the first time in many years and that was thanks to new tax revenue from proposition 30 as well as spending cuts. >>> oakland police investigating a shooting that seriously injured one man. it happened about 8:00 last night on crest avenue. neighbors say they heard about 30 rounds from what sounded likes an automatic assault rifle. the victim ran. he was taken to the hospital in critical but stable condition. so far no arrests have been made. >>> well, oakland's police chief and the mayor, they are working now to stop the surge in violence. 11 people were wounded in shootings over the weekend, six people have been killed so far this year. the police are blaming a lot of the violence on a feud
for the fight over the raising of the debt ceiling. tim geithner is urging action. all of what this means for you and your bottom line. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >> welcome back to starting point. an op ed columnist, editorial director for the national journal. the former u.s. representative. nice to have you with us. we are talking about lance armstrong following the reports about his interview with oprah. not exactly clear what we said. that is what we call the deep tease. i left you out. anyway, lance armstrong apparently admitted to doping, contradicting a decade of statements where he denied use of performance-enhancing drugs. if he does the come clean with oprah winfrey,
to explain how his father would have responded, what it could mean for the gun debate, the debt ceiling and all the rest. plus a lot of reaction to the president's news conference yesterday. descriptions like aggressive, frustrated, and strikingly partisan being used to describe president obama's performance. we'll take a look at the story behind his tone and tenor. those accusations coming from some of the mainstream press. not just the president's critics. and now concerns that a picture may be worth more than a thousand words. as the people behind some viral mug shot photos file a lawsuit. now, we don't know whether this particular woman is part of the group, we don't believe she is, wait until you see the mug shots of the folks who filed suit, claiming their mug shots are costing them their careers. we'll take a look at it in kelly's court. ♪ hello cow, how are you ♪ ♪ hello cow, moo, moo, moo, ♪ ♪ black and white cow went to music school ♪ ♪ [ male announcer ] this is sheldo whose long day setting up the news starts with arthritis pain and a choice. take tylenol or ta
. and then the president says he's not negotiating on the debt ceiling. what does that mean for our economy? senator rob portman says he's got an idea and alternative. that senator up next. here he comes. >>gretchen: welcome back. how big of a threat is our national debt? one theme from the hbo film "too big to fail" spells out the risks pretty clearly. watch it. >> the threats from russia, they suggest we coordinate and without warning dump hundreds of billions of if fannie's and freddie's bonds on to the market. the amount of debt your country carries is a terrible vulnerability. >>gretchen: a terrible vulnerability. senator rob portman couldn't agree more. he's a member of the senate finance committee and former budget director for george w. bush. good morning to you, senator. when we hear this vulnerability, you agree with that; right? >> absolutely. the president yesterday said we need to raise the debt limit because we have to pay our bills. we're at historic levels, $130,000 per family right now, over $16.5 trillion. yes, we need to raise the debt limit at some point but we have to do it in the c
the debt ceiling, the nation will face serious repercussions. >>> new information on the death of screen legend natalie wood and why the coroner changed her death certificate 30 years later. initially ruled an accidental drowning, the new coroner's report lists woods 1981 death as undetermined after finding bruising on her body that occurred before she entered the water. exactly how wood ended up drowning in the water off her husband robert wagner's yacht is still a mystery. >>> number of u.s. military suicides last year was apparently the highest since the pentagon began closely tracking them in 2001. officials say 239 service members took their own lives and another 110 suspected suicides remain under investigation. if the suspected suicides are confirmed the total would be 349, up from 301 the year before. however, officials note the military suicide rate is still below the national average for civilians. >>> supreme court justice clarence thomas has finally broken his silence. justice thomas had not said a word in nearly seven years of arguments but apparently made a joke monday whil
Search Results 0 to 47 of about 48 (some duplicates have been removed)